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ADANI POWER LTD. - Outcome of Board Meeting
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03 Nov 2015
Adani Power Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 03, 2015, inter alia, has approved the following:&lt;BR&gt;&lt;BR&gt;1. Issue of equity shares on preferential basis to the promoter and promoter group of the Company up to 39.81 crores equity shares at a price being not less than the price determined in accordance with SEBI (ICDR) Regulations, 2009 subject to approval of members by postal ballot process and any other approval, if required.&lt;BR&gt;&lt;BR&gt;2. Mr. Vneet S. Jaain, Executive Director has been re-designated as Whole-time Director of the Company subject to approval of members, if required.
View all announcements for ADANI POWER LTD. Source: BSE India